1010 Mill Pond Ln - Office FOR SALE


Greencastle, IN 46135
$875,000 USD
800-451-2709
1010 Mill Pond Ln, Greencastle, IN for Sale
$875,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

Dec '25


1010 Mill Pond Ln
Greencastle, IN 46135


HIGHLIGHTS

  • Commercial Real Estate for Sale.
  • Commercial Real Estate for Sale currently Bureau of Motor Vehicles.
  • Commercial Real Estate for Sale with ample parking.

OVERVIEW

• Total Acreage: 0.98 ac • SqFt: 4947 PROPERTY DESCRIPTION Outstanding opportunity to acquire a commercial property in Greencastle, IN with a proven long-term tenant. This site has been home to the Indiana Bureau of Motor Vehicles for more than 20 years under a favorable lease, ensuring minimal landlord responsibilities. With the current tenant there are no real estate taxes on the property. The property spans 0.98+/- acres and includes a 4,947+/- sq ft building, built in 2004, along with a 15,180+/- sq ft parking lot providing ample customer convenience. The location is excellent - situated in Greencastle Township, just East of Greencastle High School. With easy access from Veterans Memorial Highway (US-231) via Mill Pond Drive, the site benefits from both visibility and accessibility. With a strong, creditworthy tenant and reliable cash flow, this property is an ideal choice for investors looking for secure, long-term income in a community-centered market. PROPERTY LOCATION 1010 Mill Pond Dr, Greencastle, IN 46135

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

ZO01

APN/PARCEL ID

67-09-22-103-001.005-008

ASK ABOUT THIS PROPERTY

RD SchraderSchrader Real Estate & Auction Co.More Info
800-451-2709

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RD SchraderSchrader Real Estate & Auction Co.More Info
800-451-2709

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.